Demand for housing in Kyiv is gradually stabilizing, but most buyers are focusing on budget options. The main interest is focused on apartments costing up to $50 thousand, mainly in remote areas of the city or suburbs.
As of November 2024, prices remain stable, although demand is still low. On average, one-room apartments have fallen in price from $65,000 to $60,000. According to Oksana Kovtun, head of the Kyiv branch of the Association of Real Estate Specialists of Ukraine (AFNU), in the period November-December, buyers can get a significant discount if the object is not popular.
Where is the most expensive and cheapest?
The most expensive apartments are traditionally located in the central areas of the capital:
- Pecherskyi district: one-room apartments cost an average of $130 thousand, two-room apartments - $185 thousand.
- Shevchenkivskyi district: prices for one-bedroom apartments start at $80 thousand, and two-bedroom apartments reach $125 thousand.
For those looking for cheaper accommodation:
- In Desnyanskyi district, prices start at $39.5 thousand,
- In Dniprovske – from $55 thousand.
In the suburbs of Kyiv, there are even more affordable options:
- Gostomel: from $26 thousand.
- Irpin: $35.7 thousand.
- Bucha: $34.5 thousand.
- Vyshneve, Brovary, Vyshgorod: about $43 thousand.
In the secondary market, the following are in particular demand:
- Khrushchevkas : due to low demand, prices for such apartments have fallen below the market average.
- New buildings : despite the higher cost, they remain popular due to modern conditions.
- “Royal houses” : this is the most premium real estate, especially in central areas. For example, a two-bedroom apartment in such a house costs about $157,000.
The demand for affordable housing is actively supported by government initiatives:
- eOselya : preferential lending.
- eRecovery : assistance to ATO/JFO veterans.
- Cabinet Resolutions No. 280 and No. 119, which are aimed at providing housing for privileged categories of citizens.
Despite low demand, the Kyiv real estate market is showing stability. Suburbs and budget apartments continue to dominate the demand structure, and buyers are actively taking advantage of the opportunity to bargain for discounts.
